Search Results for keywords:"financial impact analysis"

Found 3 results

Search Results: keywords:"financial impact analysis"

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  • 2025-03747 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 2.8, Voluntary Termination of Rights as a Member
    Type:Notice
    Citation:90 FR 11635
    Reading Time:about 3 minutes

    The Cboe BZX Exchange, Inc. has proposed a rule change, filed with the Securities and Exchange Commission (SEC), to amend Rule 2.8, which concerns the voluntary termination of rights as an Exchange member. Members who wish to terminate their membership must notify the Exchange by the set deadline, following the specified procedure. The SEC invites public comments on whether this rule change aligns with the Securities Exchange Act of 1934. Comments must be submitted by March 31, 2025, using the methods outlined in the notice.

    Simple Explanation

    The Cboe BZX Exchange wants to let its members know how they can quit being part of the group by following certain steps, and they want people to share their thoughts about this change before the end of March 2025.

  • 2025-06411 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Phlx Options 7, Section 2
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    Type:Notice
    Citation:90 FR 16038
    Reading Time:about 15 minutes

    Nasdaq PHLX LLC has proposed a rule change to its Customer Rebate Program, seeking approval from the Securities and Exchange Commission (SEC). The change involves paying only the higher rebate to a member when they qualify for two different rebate incentives in the same month, rather than providing both. This amendment is intended to simplify the rebate structure while still motivating members to engage with customer orders. The proposal aims to ensure equitable and fair rebates among members, without imposing any undue burden on market competition.

    Simple Explanation

    Nasdaq PHLX wants to change a rule so that when a member qualifies for two rewards in one month, they only get the bigger one. This change is meant to make things simpler and fairer for everyone.

  • 2025-04339 — Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Change To Amend the Connectivity Fee Schedule
    Type:Notice
    Citation:90 FR 12613
    Reading Time:about 5 minutes

    The Securities and Exchange Commission (SEC) received a proposal from NYSE American LLC to change the name "NYSE Chicago, Inc." to "NYSE Texas, Inc." in their Connectivity Fee Schedule. The SEC has decided to approve this proposed rule change immediately rather than waiting 30 days, as this change mainly involves updating the name to avoid confusion and does not have a significant impact on investors or the market. The SEC invites the public to comment on this change by either submitting comments online or by mail by April 8, 2025.

    Simple Explanation

    The people who make rules for buying and selling things, like stocks, got a request to change the name of something called "NYSE Chicago" to "NYSE Texas" in their list of fees, and they said "okay" really fast because it was just a name change and didn’t change anything important. They want to know what other people think about this change, so they asked them to send in their thoughts by April 8, 2025.